The music industry (at least those on the ‘business’ side of things) has grown to love the concept of streaming. It not only offers them the chance of getting new music in front of listeners in a lower cost, low risk way, it also is a recurring revenue model which is, unsurprisingly, a bit hit with the music majors.

Although streaming is still quite a ways from being the top mode of listening to music, CDs still make up 71% of music sales, it is clear that streaming offers the music majors some hope in a market that has been extremely challenging for them pretty much since the dawn of digital music.